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Sanjeev Bhasin, executive vice president (market & corporate affairs) of IIFL, expects markets to fall sharply in the second half of August. He expects the Nifty to correct by 400-500 points and find support at 8,200.

Sanjeev Bhasin, executive vice president (markets & corporate affairs) at IIFL, says Brexit is unlikely to have a large impact on Indian markets. Many global investors, who are sitting on the sidelines to put their money into Indian markets, will use the declines as buying opportunity, he added.

Sanjeev Bhasin of IIFL, says, in the short term market looks over bought and can stage a correction but from long term perspective undertone is extremely strong. He adds that in April, Nifty can re-test 7,900-8,000 levels.

Television channel in the world, BBC is now covered one of the Telugu films on the sets, which for sure is a great achievement for the Telugu cinema and even the Indian cinema in a way. This is none other than the Tollywood Tech savvy ace director Rajamouli’s prestigious periodic project “Bahubali”.